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Re: Simple Trading System
Posted: Fri Sep 05, 2025 4:47 am
by cladi53
Cagliostro wrote: Thu Sep 04, 2025 11:49 pm
Thanks @firesword for this. Sometimes simple things are so nice.
For anyone using MT5 here you go with a template including:
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STS Zones that automatically draws updated last 2 weeks (fixed or rolling) high/low and the fibo levels
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STS Momentum that draws CCI over RSI and give signals when there is a possible break of trendlines (it uses multiple fractals) if you don't like it, draw it manually. Momentum also includes a gift, an optional TDR confirmation mechanism that draws arrows on the main chart when there is a volume breakout, it can be fine tuned, and includes an autosetting for the different instruments. Thick Density is one of the most advances and used volume methods used by institutional traders and banks.. so it should fit well here. Again, if you don't like it, don't use it
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True Trend >
post1295568612.html#p1295568612
Let's see when Mr. Gold reverses.
image_2025-09-04_155041039.png
Thanks soo much fot your contribution Cabliostore. Can you mede a MT4 version?
Re: Simple Trading System
Posted: Fri Sep 05, 2025 5:27 am
by Cagliostro
cladi53 wrote: Fri Sep 05, 2025 4:47 am
Thanks soo much fot your contribution Cabliostore. Can you mede a MT4 version?
Hi Cladi, I'd like to, but don't use MT4 anymore. Cheers.
Re: Simple Trading System
Posted: Fri Sep 05, 2025 6:52 am
by firesword
Hello Cagliostro, nice work my friend.
Unfortunately I still use Empty-4 for trading. Us old-timers stick with what we know I guess.
I started trading Forex with Empty-4 and got to like it.
I've tried c-Trader and Trading view, but old habits die hard.
Just a suggestion for traders that like things automated;
There is a special coordination between your eye and your hand.
When you draw things manually, be it even with a mouse,
your brain sees and follows according to your drawings ,
rather then when things are presented in front of you
with no input of your own.
Do not underestimate things given to you by our maker.
God bless.
Re: Simple Trading System
Posted: Fri Sep 05, 2025 7:05 am
by firesword
Something I noticed looking at the H4 chart on Gold.
Are you familiar with BARF pattern or BARR pattern as it is known these days?
It is short for Bump and run formation or Bump and run reversal .
Gold seems to be following that scenario on H4 tf.
I'm posting a pic below of Gold chart and BARF/BARR setup so you could understand the formation.
Daily and weekly charts yield the most reliable setups.
Intraday charts can display BARF but require more discipline and precision.
Works well in equities, forex, commodities particularly when extended trends show sudden speculative moves.
Re: Simple Trading System
Posted: Fri Sep 05, 2025 8:38 am
by mrtools
Have this fractal trend line version, maybe useful.
Re: Simple Trading System
Posted: Sat Sep 06, 2025 9:33 am
by firesword
I guess we'll have to wait for a bit of a pullback into the zone for EURUSD.
Hopefully it opens up inside the zone. Another good scenario would be opening lower then pushing back inside the zone,
takes out the stops just above the high and then goes lower.
That 50 -62.5 zone looks like a lot of buy/sell transactions zone so I would suggest targeting that area as usual, probably target 50% level for TP.
The zone is about 23 pips, so maybe 1:2 R:R.
Re: Simple Trading System
Posted: Sat Sep 06, 2025 12:57 pm
by Arcanyx
Your system looks very nice and promising! I'll make some tests with it and share anything useful that I may find out.
Re: Simple Trading System
Posted: Sat Sep 06, 2025 2:07 pm
by firesword
EURAUD looks like it may be heading up north next week?!
Zigzag didn't paint an arrow on top of that pin which always means it still has to push higher
for zigzag to connect at the top.
If that is true we will see a 1st higher high on H4 after a while,
and it will have to be above Gann 50% level which is one of the targets we aim for
.
Longs may be baking in the oven.
Time will tell.
Re: Simple Trading System
Posted: Sat Sep 06, 2025 4:48 pm
by firesword
Another one to keep an eye on.
GBPCAD has bounced off of the last week's PRZ.
It looks set to go down as H4 is showing railroad tracks pattern or a reversal candle.
However, on the Daily GBPCAD has retraced to 62.5% Gann level and is pushing up.
So, short target that accumulation area between 50 - 62.5% .
Likely turn up from there, if it gets there.
Beware! Eyes wide open like a cat at the fish market.
Re: Simple Trading System
Posted: Sat Sep 06, 2025 5:48 pm
by dana29
firesword wrote: Sat Sep 06, 2025 4:48 pm
Another one to keep an eye on.
GBPCAD has bounced off of the last week's PRZ.
It looks set to go down as H4 is showing railroad tracks pattern or a reversal candle.
However, on the Daily GBPCAD has retraced to 62.5% Gann level and is pushing up.
So, short target that accumulation area between 50 - 62.5% .
Likely turn up from there, if it gets there.
Beware! Eyes wide open like a cat at the fish market.
Sir, what a good indicator, can you send files?
thanks
.